Property Q&A in 21078>Question Details

Megan, Home Buyer in Bel Air, MD

I've been approached by a neighbor to trade one of my building rites for a parcel of his land.

Asked by Megan, Bel Air, MD Fri Feb 6, 2009

He has a lot of acreage and would like to allow his daughter to build a house on his property some day. I live in Maryland and have a pretty good idea, monetarily, of what my lot and building rite are worth... how do I figure out how much land would be a fair trade?
Also, is there anything I need to consider before entering into such an agreement, red flags so-to-speak?

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Answers

3
i CAN PROVIDE YOU WITH THE NAME OF SEVERAL EXCELLENT ATTORNEYS. tHEY WILL HAVE APPRIASERS. kATHERINESCHERR@LIVE.COM OR 443-829-9076
0 votes Thank Flag Link Sat Sep 21, 2013
HAVE THE PROPERTY APPRAISED AND HAVE A TITLE OR REAL ESTATE ATTORNEY DRAW UP THE APPROPRIATE DOCUMENT TO SWAP THE PARCELS.
0 votes Thank Flag Link Sat Sep 21, 2013
I would suggest speaking with a real estate attorney before you make any decisions.

Katie Keisler
The Keisler Real Estate Team
Realty Executives of Hickory
0 votes Thank Flag Link Fri Feb 6, 2009
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